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Search Results 0 to 25 of about 26 (some duplicates have been removed)
-control, fiscal cliff, debt ceiling, perhaps a obamacare. joining us now, editor at large for breitbart news, author of the new book bullies, how the left culture of fear and intimidation silences america. first, welcome. and secondly, congratulations on the book. >> thank you so much. lou: timely and terrific at the same time. >> well, thank you. lou: let's start with, if we may, because it ties in neatly, your most recent article talking about control and the way in which it is being driven. to me at least it seems fairly clear it is an orchestrated effort from the state and local level through thefederal government across our society to take on and control. perhaps once and for all in the minds of many on the left. >> absolutely. the left is using the sandy hook massacre as a way to bully everyone on the right who is pro second amendment, standing on the bodies of dead kids, and what they're saying is, if you disagree with the politically that means you don't care about those kids and they're out important to you because all you care about is the guns. think about this for a second. start
from duction productio coming out. looking at earnings, too, to see what effect sandy, the debt ceiling, the fiscal cliff debates, what effect that's had on consumer behavior and lastly, we'd say we remain positive, but the markets have had a bit of a run here, we would expect a little bit of a breather. one area you could see catchup is gold and precious metals. >> all right, we've seen a hit there recently. michael, you're at the wheel. 30 seconds on the clock. >> keeping a close eye on facebook. it was obviously the post eer child for social media stocks last year. stock broke over 30 yesterday, 31 today. a lot of enthusiasm. keep a close eye on it. we're bullish on it longer term. second thing is herbalife, today was day two of the jihad between bill ackman and the company. we maintain a bullish stance. it's been a wild ride. still think it goes higher. last one is consumer stocks. kind of a mixed bag for holiday names today. we continue to have a bullish stance. >> all right. we will leave it there. gentlemen, thank you very much. we'll be watching all of those stories. hope to see
lines. in this administration talking about fiscal cliffs, debt ceiling and now $1 trillion coin. this calls for guys in white jackets to take us away. it's out of control. whose picture would you put on a coin like that? >> this is a democratic idea. >> come on, larry. it's a ridiculous idea. for once, i absolutely agree with you this is the most ridiculous idea i have ever heard. not just because we'd be the laughing stock of the world and at this point we're about the strongest economy in the world right now. to guy's point, whether or not it gets people's attention, i think people are paying attention to how broken washington is. but more importantly, what does that say to the american people? the people you elect to go to washington to do a job can't do their job. they're going to make new rules. within -- i think it erodes confidence in our government. it's such a ridiculous idea. >> the other thing, karen, i think you're absolutely right and the important point to recall, we got downgraded by s&p not because we didn't raise the debt ceiling, we did, it's because of the lac
when we hit the debt ceiling right. >> the debt ceiling coming up. debt ceiling in fiscal cliff has now become 2013 issues. but us talk about another winner. this of facebook shares rally above $30 a share. we are on our way up it is a winner for facebook. >> the ipo had people screaming like a scalded champ. it is up 10% this year so it's a matter of when did you buy it. after announcing a mystery press conference for tuesday next tuesday the 15th. i looked at their peak about 160. that is pretty expensive. they got something. they have this do it hasn't called yet. >> maybe it could be a retail announcement that they have. maybe it will be a fall, streaming, or games. a lot of people are expecting that will show off their new building. >> i think it will be a new hoodie. >> let us talk about a loser bridge piers is leading the x factor after one season. she met a lot of money after one season. >> if she did you hear what is it? >> no. >> she said i quick y'all. >> to the new paula abdul is she? beating she is working on an album with will iam. >> $15 million per season. i quick y'all.
getting resolved through these emergencies, the fiscal cliff negotiations, the debt ceiling, then they don't feel like they have to do it. i'm not going to pretend i'm a person who can go into the senate and get these people to talk to each other and come to some kind of a conclusion and do what they're supposed to do. this is so out of control and so unacceptable that they think that they should be able to operate this way. i'm just being honest with you. i wouldn't even know where to start. melissa: mark, what do you think? what is the first step getting a budget together? >> i think the first thing we need to do is deal with the pressing problem, what are we really negotiating about? is it about talking about cutting spending or are we talking about spending more? that is where the compromise comes in and unfortunately we're at a point right now with the democrats, we have republicans trying to put the brakes on the car before it goes over the cliff and the democrats want to negotiate how fast the car should go. in my mind until we get to the point where we discuss compromise on spendin
. with the fiscal cliff in the rear view mirror, raising the debt ceiling is washington's next big drama. we look at why its so important. >> susie: i'm susie gharib. that drama, could have a new cast member, we're learning the president will nominate jacob lew as his next treasury secretary. >> tom: and with its reputation already on the ropes, a.i.g., the big bailed-out insurer, decides against suing uncle sam. >> susie: that and more tonight on "n.b.r."! >> tom: there could soon be a new signature on the dollar bill, jacob "jack" lew is said to be the president's pick to replace treasury secretary timothy geithner. that nomination is expected tomorrow. should he be confirmed by the senate, one of lew's first challenges will be dealing with the rapidly approaching debt ceiling. darren gersh reports. >> reporter: assuming he wins senate confirmation, jacob "jack" lew will take over a treasury that is rapidly running out of cash. the federal government has already hit the debt ceiling. and the only way the government can pay its bills is by using accounting gimmicks to move money around. those tr
bargainer and was involved in the debt ceiling with congress back in 2011 and, of course, the recent fiscal cliff talks. republicans aren't excited about the pick but it's unlikely they'll be blocking that nomination. keith, back to you. >> all right. thanks hampton. >> you got it. >>> we introduced you to a wonderful young man who was really hoping a family would come forward to adopt him after his appearance on "wednesday's child" last spring. we think the right family didn't happen to be watching so we want you to have an opportunity to meet ronald again. there was a chef's coat and an apron and finally, the making ronald ready for his first real lesson in cooking. >> you ever worked with pan he ta before? >> this chef of the art institute of washington's culinary school was giving ronald, an aspiring chef, a lesson in making pasta carbonera. his social worker says being a chef is one of the dreams that he has for the future. but she says he'd really like a future that would include an adoptive family. >> he's a sweet kid. the thing that's so amazing about him is he really wants to do we
that the fiscal cliff deal resolution was indicative of what still lies ahead. we think that the debt ceiling fight is going to be a long, drawn out battle. and pretty acrimonious along the way. it's going to be very difficult to sustain rates above 1.92% until you get these uncertainties out of the way. and the fed is buying treasuries for a long time. >> right. let's turn our attention, you mentioned the fed. plenty of focus, of course, on what's going on in europe, as well, with the ecb. we've got some -- we had a spanish auction out and italy selling 8.5 billion of 12-month t-bills, which is the good news. but the better news has been the spanish auction this morning. they've raised 5.82 billion euros. the maximum target was 5 billion. yields lower. demand fairly solid. it's boosted the euro to the best levels of the day, up to about 1.3140 we got to this morning. no doubt, that will please mr. draghi sitting over in frankfurt as they meet for their decision. joining george and myself, sylvia is back with us in frankfurt. sylvia, ever since he uttered those words, believe me, it will be e
as the bigger issue around the debt ceiling. and then we need to get to the longer-term issues in terms of where america is going, and that starts with tax reform as well as immigration issues and infrastructure issues. >> i hear the same message from business people across the country. we need more certainty from washington if we're going to kick start growth in this economy. is washington helping or hindering in a bid to bring unemployment down in the country? >> being the optimist that i am, i say washington is attempting to help. what was passed at the end of the calendar year was a good first start. but there's a lot more that needs to be done. they are helping. if we can get past some of the partisanship and get into citizenship, we can move along a lot more quickly. businesses are frustrated. >> what are the bigger things you mentioned, the things america needs to do to stay competitive in this challenging economic environment, domestically and globally? >> absolutely. first, you've got to get through the fiscal issues. balance in the deficit and budgets, number one. and then we need to g
that ultimately didn't succeed -- the fiscal cliff --ardon me. i should say the debt ceiling negotiation of 2011 and most recently the fiscal cliff negotiation, the grand bargain that ultimately didn't work. we saw a more short-term, smaller measure pass recently in congress. but we expect for president obama to emphasize jack lew's time not only as being the chief of staff most recently but also being his budget director throughout this process. we've also been talking, wolf, as you know, about some of the criticism coming from across the aisle from some republicans. it's been reported in bob wood war's book about the obama administration, "the price of politics." criticism from the speaker, speaker boehner, about jack lew as being uncompromising and being someone that he didn't find he could negotiate with and come to a deal with in these past discussions. so there's that, but i'll also tell you it reminds me talking about that that when jack lew was announced as chief of staff to replace bill daly that one of the things we heard was it was welcome news to democrats on the hill. they had felt
.b.r. >> tom: good evening. i'm tom hudson. with the fiscal cliff in the rear view mirror, raising the debt ceiling is washington's next big drama. we look at why its so important. >> susie: i'm susie gharib. that drama, could have a new cast member, we're learning the president will nominate jacob lew as his next treasury secretary. >> tom: and with its reputation already on the ropes, a.i.g., the big bailed-out insurer, decides against suing uncle sam. >> susie: that and more tonight on "n.b.r."! >> tom: there could soon be a new signature on the dollar bill, jacob "jack" lew is said to be the president's pick to replace treasury secretary timothy geithner. that nomination is expected tomorrow. should he be confirmed by the senate, one of lew's first challenges will be dealing with the rapidly approaching debt ceiling. darren gersh reports. >> reporter: assuming he wins senate confirmation, jacob "jack" lew will take over a treasury that is rapidun
in the rear view mirror, raising the debt ceiling is washington's next big drama. we look at why its so important. >> susie: i'm susie gharib. that drama, could have a new cast member, we're learning the president will nominate jacob lew as his next treasury secretary. >> tom: and with its reputation already on the ropes, a.i.g., the big bailed-out insurer, decides against suing uncle sam. >> susie: that and more tonight on "n.b.r."! >> tom: there could soon be a new signature on the dollar bill, jacob "jack" lew is said to be the president's pick to replace treasury secretary timothy geithner. that nomination is expected tomorrow. should he be confirmed by the senate, one of lew's first challenges will be dealing with the rapidly approaching debt ceiling. darren gersh reports. >> reporter: assuming he wins senate confirmation, jacob "jack" lew will take over a treasury that is rapidun
the cliff, got the debt ceiling, got the sequester. that's all still background for you, siths just noise, no? >> let's go to some simple issues. the world is $75 trillion. the united states is 16% of that. europe is 22%. but china and japan are 21% and they've got new leaders and they're stepping on the accelerator. abe and li are starting to push. that's helping the export picture. when i talk to companies in the last couple of days, because of their releasing of earnings, december was not good. a definitely of uncertainty crept in again. similar to what happened in '08, and you you can see that hope lfl i that's starting to come back. >> all of the emotion associated with everyone turning on television and wondering what's going on with this country. so short term you've got the impact of the next one sequestration coming up. you've got the next one dealing with the debt limit. then you have long-term structural issues. then you have to deal with the following. if i'm getting paid every two weeks my first check is going to have $40 less if i make less than $50,000. companies are saying
the debt ceiling perhaps more than the fiscal cliff is a way for republicans to make cuts in specific ways and talk about specific cuts but the real question is they have are devoted for the ryan budget in the past. that had entitlement reform. moving forward will they continue to talk about entitlement reform with regards to medicare, medicaid and social security? i think you will see republicans try to make some kind of deal on cuts and see where the president is willing to go. this is part of the politics. from what i hear from my reporting, until they feel the president harry reid will go the distance and negotiate from that level. >> host: tommy you are next on the republican line from portsmouth rhode island. >> caller: good morning. thanks for c-span. my question is, i went from the democratic party to the republican party in 2007. i got my children involved in local campaigning and so forth. so for boehner to really succeed, a lot of people like me that came up in the conservative -- for fiscal issues, both parties are not really taking care of business. to bring more people in, i
the fiscal cliff, going head to head soon once again over the budget and debt ceiling who he wants in the corner nominating his white house chief of staff jack lew as the next treasury secretary. he srveed as budget director for both presidents obama and clinton. the president praised jack lew for being a low-key guy and hinted to congress he wants lew to get started as soon as possible. >> jack has my complete trust. i know i'm not alone in that. having lew on your team is equivalent of a coach of having the luxury of putting somebody at any position and do well. i could not agree more. so i hope the senate will confirm him as quickly as possible. >> the president may not necessarily get his wish for a quick confirmation. lew is publicly classed with republicans over the budget. the wall street journal editorial page referred to him as a yes man. ali velshi and i spoke with steven moore about why his newspaper is no fan of lew's. >> we were very critical of him in our editorial this morning, wolf, for a couple of reasons. look, we kind of were hoping that this would be kind of a n
involved in administration negotiations over the fiscal cliff and raising the debt ceiling, the latter being a congressional fight with republicans. he is also going to have to kind a way to fight the automatic spending cuts. hilda solis has announced she was stepping down. she was the nation's first hispanic to hold that cabinet position. she appeared on bill press monday and gave no indication at the time that she might be leaving so long. >> i'm here today. i enjoy working with everybody. >> her departure adds to the mounting criticism of the obama administration for now seeming to stack its cabinet with men. all of the recent nominations are white males. as for who will remain eric holder is going to stay on for a second term and secretary of veteran at fairs. we're back after the break. stay with us. ♪ alright, in 15 minutes we're going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the demo
spending through commonsense entitlement reform. the last debt ceiling increase was passed in august 2011. and that was a to $.1 trillion commitment. here we are 17 a month later, and to $.1 trillion is gone. caput. and now we need another increase, how much longer can this kind of spending go on without adjustment? as a nation we must finally face up to the single biggest threat to our economic future, and that is our exploding national debt driven by runaway deficit spending, changing demographics, and unsustainable entitlement. if we fail to address this threat, automatic spending will soon consume every dollar the federal government collects, leaving nothing for education, national defense, or other essential programs. we have no illusion that putting our country on a sound and responsible fiscal course will be easy. it clearly will not. our government is divided and conflicted because the american people are divided and conflicted. but we cannot ignore this crisis any longer. nor can our leaders. as important as economic growth is, we can't grow our way out of this problem, and we ce
. it is incredibly wrong. >> peter: let's turn our attention to the debt ceiling. we're approaching the debt ceiling and we saw just how well we could all work together with getting a fiscal cliff deal done congressman. how do you anticipate this playing out? >> well, i tell ya, i think that the -- i think that the republicans are going to -- make it clear that they are -- they're going to threaten and continue to threaten to not raise the debt ceiling. but i gotta tell you i just cannot imagine the business community allowing the republicans to do that. i just don't. they're going to have to sink their own -- let me go back. one of the reasons why i said that is if they refuse to pay the debt ceiling we've already made you could bring the economy down in this country. it would hurt the world economy. i can't imagine them doing that. i know we have some tea partiers who are very very, very conservative. but i don't see it happening. at some point there will be a come to jesus moment where whole parties will sit down, work this thing out. probably have to go back and look at the tax code. look for lo
fall off the fiscal cliff or if we don't get an increase in the debt ceiling. republicans need to stand at. ashley: why has senator reid not brought a budget to the senate floor, and what about this class warfare issue? is it unfair? >> well, you know, we cannot continue to legislate. ashley: i agree. we cannot legislate by crisis by crisis which is just kicking the can down the road for one month at a time. we need to have adults in the room to hammer out a long-term fiscal plan. i think that is what the president was doing today when he announced, as is the treasury secretary, jack lew. that is really hopefully with him there now at the head of the treasury department and with some, bruises from the last two battles, we will have some sanity returned and we can actually get something done that is more than just one more month of kicking things down the road. ashley: kate, you are not a big fan of jack lew, are you? and no other republicans have called him condescending and flexible, even a little sneaky. >> i think jack lew signals obama's intention to only intensify this class warfar
the table. >> i feel that there is a cascading effect. if every time you read the debt ceiling and offset that with cuts, if you raise the debt ceiling to get you by for a year, you had trillions of dollars of cuts over 10 years, by the end of the 10 years, you would have to have trillions of dollars over the next century? the math compounds. >> there are cuts on top of cuts that would mean you would not need to read -- raise the debt ceiling anymore. perhaps you could reduce the debt ceiling and increase spending every time you reduce it. i do not know. it is a bizarre scenario. the democrats have said that revenue will be on the table as part of their position. it is not a given that if they do this, all 2 trillion will come from spending cuts. some will come from additional revenue as well. >> is sequestration happens, if congress did not stick with the budget control act, [indiscernible] >> is budget deals do not tend to stick around for long and altered very long. i would not read too much into this. even if they decide to leave it alone this year. in fy-14, this will be debated agai
, that means controlling deficit spending through common sense entitlement reform. the last debt ceiling increase was passed in august of 2011. here we are 17 months later and the $2.1 trillion is gone, kaput. and now we need another increase. how much longer can this kind of spending go on? as a nation, we must finally face up to the single biggest threat to our economic future -- and that is our exploding national debt driven by runaway deficit spending, changing demographics, and unsustainable entitlements. if we fail to address this threat, automatic spending will soon consume every dollar the federal government collects, leaving nothing for education, national defense, or other essential programs. we have no illusions that putting our country on a sound and responsible fiscal course will be easy. it clearly will not. our government is divided and conflicted because the american people are divided and conflicted. but we cannot ignore this crisis any longer. nor can our leaders. as important as economic growth is, we can't grow our way out of this problem and we certainly can't tax ou
Search Results 0 to 25 of about 26 (some duplicates have been removed)